Office 18, 18A Milyutinsky side-street,
Moscow city, Russia, 101990
Location map
t.: +7 495 980 04 36
f.: +7 495 980 04 36
E-mail: info@levinebridge.com
русский
английский
японский

Read more

Registration of Foreign Citizens on the Territory of the Russian Federation

Taxes for foreign employees will be increased

15.04.2015

Employers will pay taxes at a higher rate for foreign workers.

The Russian State Duma is considering a bill that proposes to increase tax rates for employers to hire foreign employees.

This change will affect employers whose staff includes more than 30% of foreign employees. The increased tax rates will not apply to highly qualified specialists (HQS)

According to the bill, organizations using a common and simplified tax system will have their tax rates increased in the following classifications:

- Corporate income tax;
- Personal income tax;
- A single agricultural tax;
- Tax on imputed income for certain activities.

So, in the event the bill is adopted, corporate income tax can be increased from 20 to 30%, and from 13% to 18.5% on personal income tax individuals who are engaged in entrepreneurial activity as an unincorporated entity.

Return to the list of news

"...Cooperation with the company of LEVINE Bridge in matters of tax advice has allowed us to optimize and improve the quality of our financial statements..."
Chief Financial Officer of an investment company

law firm LEVINE Bridge © 2010